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Showing 1 - 10 of 15 results for "US Department of Justice"

WTW names local head of investments

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... global firm also announced this week that its merger with Aon has been ditched following pressure from the US Department of Justice.

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... was a mutual agreement - though the decision was forced by lack of regulatory approval in the US. The US Department of Justice had been opposed to the merger, and Aon chief executive Greg Case said the company eventually met an impasse with the regulator. ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
The architect of the largest Ponzi scheme in US history has died in prison aged 82. Bernie Madoff had been serving his sentence at FMC Butner, an administrative security federal medical centre for male offenders located in North Carolina, at the time ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... with convicted pedophile Jeffrey Epstein. Canada's Scotiabank reached settlement agreements with the US Department of Justice and the Commodity Futures Trading Commission over charges of metals market manipulation.

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements with the three government ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... charged over their alleged participation in the manipulation scandal in September 2019. The conduct, the US Department of Justice alleged, spanned over eight years and involved thousands of unlawful trades for precious metals futures contracts. Those ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) resolves all criminal and civil charges against the besieged bank. In settlement with the SEC, Wells Fargo has agreed ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... offset by amounts already paid in relation to parallel criminal action taken against Leissner by the US Department of Justice.

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
The US Department of Justice has reached a settlement in its case against assets acquired by Low Taek Jho, also known as Jho Low, and his family. Jho Low allegedly misappropriated funds from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad ...

CFA Institute settles hiring dispute

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
The CFA Institute has settled with the US Department of Justice over the practice of hiring temporary overseas exam graders. The global association of investment professionals will pay a fine of US$321,000 ($446,768) following an investigation into ...
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